KLM CEO resigns from KQ Board

The Chairman of KQ Board Michael Joseph says Mr. Elbers’ resignation has been necessitated by his heavy responsibilities and additional commitments as President and CEO of KLM.

Joseph says Elbers will be replaced by Mr. Jos Veenstra who has been an alternate non-executive director on the Board since 2005.

“Veenstra is a Chartered Accountant and is currently the VP Mergers Acquisitions and Holdings for Air France/KLM, responsible for the monitoring of Air France/KLM’s corporate holdings,” said Joseph.

Elbers was appointed by KLM in 2013 to represent the airline’s stake at KQ and was a member of the corporate governance and nominations committee, while Veenstra seats in the Board’s Audit and Risk Management.

“On behalf of the Board of Directors of Kenya Airways and management, I wish to take this opportunity to offer Mr. Elbers our most sincere appreciation for his dedicated contribution, support and service over the last 4 years as a Director of the Board of Kenya Airways and wish him every success in all his future endeavours as we welcome Mr. Veenstra to the Board as a substantive Director,” says Joseph in a statement.